Most people come to me with ike messed up, 15 messed up l l cs and millions of dollars worth of assets just all scattered like a massive mess. And generally, i'm not looking so much about the llc cause i going to merge those into an easier flow, limited partnership to manage it. Because for us, i can gets into higher levels of protection. The foundation stuff i'm not really tot worried about. It's the second and third layers where the magic really starts happening. Most people want sell u property. You know that o ha, bad. Like thi's time to scale up. Or like lhets cash, where we cycle this into something else.
In this week’s episode, Robert Leonard talks with Brian T. Bradley about what asset protection is and why it matters, when a new real estate investor should start considering asset protection, whether new real estate investors need an LLC or not to start investing, how to setup an LLC, the most common and dangerous misconceptions around LLCs, and much, much more!
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
02:33 - What asset protection is and why it is important.
05:39 - When a real estate investor needs to start considering asset protection.
07:34 - What LLCs are and whether or not you need one to invest.
14:52 - Common and dangerous misconceptions around LLCs.
26:28 - How to properly setup and structure LLCs.
36:57 - How LLCs and asset protection works for house hacks.
59:26 - What asset protection trusts are.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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